Woori Bank Expands 'Mobile Driver's License Service' to 47 Financial Transactions

[Asia Economy Reporter Song Seung-seop] Woori Bank announced on the 23rd that it will expand and apply the real-name verification service using mobile driver's licenses.

The driver's license real-name verification service will be applied to 47 financial transactions through advanced development. Previously, it was only available for 3 financial transactions. The service expansion was applied to transactions frequently occurring at branches. The available tasks have increased from the existing passbook opening and currency exchange to ▲passbook cancellation ▲password change ▲check issuance ▲automatic transfer registration and change ▲electronic banking application ▲security card and OTP-related tasks ▲principal and interest repayment, among others.

Woori Bank introduced the mobile driver's license for real-name verification tasks for the first time among financial institutions on January 27. The mobile driver's license service has the advantage of not requiring a plastic ID card and can prevent financial accidents such as ID forgery through blockchain DID technology.

A Woori Bank official said, "Although it has been less than two months since the pilot service of the mobile driver's license was implemented, customer and employee satisfaction is very high," and added, "We will continue to discover innovative services with high convenience using the mobile driver's license."

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